Pre-open I wasn't sure whether the market would see it as good,...

Pre-open I wasn't sure whether the market would see it as good, neutral or negative. I did have some disappointment the results were not better but that was with an expectation we would be well on the way to $3.50. Clearly people focused on the negative - no franking (to be clarified later for future), less cash (explained for needed expenditure and should improve second half), higher interest (higher debt for capital), lower margin was a disappointment as they were improving (explained by rain events etc). I've seen very poor reports get hit up to 20% but confirming guidance and increasing dividends (even on a frank comparison) doesn't warrant a 10% plus hit but that's the market I guess. Perhaps now buyers looking at asx200 inclusion might sell?? GLTA at these levels I'll still take the dividend franked or unfranked.